Market Overview:
The global PA speakers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for PA speakers from various applications, such as consumer and pro audio. In terms of type, the global PA speakers market is segmented into wireless and wired segments. The wired segment is expected to hold a larger share of the global PA speakers market than the wireless segment during the forecast period. This can be attributed to factors such as lower cost and easy installation of wired systems as compared to wireless systems. In terms of application, the global PA speakers market is divided into two segments: consumer and pro audio.
Product Definition:
Public address (PA) speakers are loudspeakers that are used in public places, such as schools, churches, stadiums and airports, to amplify the sound of a person's voice or other sounds. PA systems typically consist of one or more microphones, a mixer to combine the signals from the microphones with other sources of audio (such as prerecorded music), one or more amplifiers and one or more loudspeakers. The use of PA systems is important because it allows people in large venues to hear what is being said clearly and loudly.
Wireless:
Wireless is a term used to define any device that uses radio frequency (RF) waves for communication. Wireless technology has been rapidly evolving over the past few years and is expected to gain momentum in the near future. The primary driving factor responsible for this evolution is increased convenience offered by wireless devices, especially portable devices such as MP3 players, laptops, cell phones and Bluetooth enabled speakers.
Wired:
Wired is a connection between the PA speaker and the power amp or other speakers. It can be of various types including optical fiber, copper wire, etc. The type of wired used depends on the application and environment in which it will be installed.
Application Insights:
The consumer application segment accounted for the largest revenue share of over 70% in 2017. The rising adoption of smart devices, internet connectivity and growing awareness regarding excellent sound quality are some of the key factors driving the demand for portable speakers in this segment. Furthermore, increasing number of music streaming services has fueled demand for high-quality audio output devices among consumers globally.
The pro audio application segment is expected to expand at a CAGR exceeding 9% from 2018 to 2030 owing to an increase in live performance activities and need for PA systems with clear sound reproduction capabilities. Moreover, live performances require constant monitoring and controlling which demands efficient speakers with features such as Bluetooth connectivity that enables easy control through smartphones or tablets. These aforementioned factors are anticipated to drive product demand over the forecast periodframes within this application segment.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The regional market is expected to grow at a CAGR of XX% from 2018 to 2030 owing to the presence of key companies such as Bose Corporation, Logitech International Inc., and Harman International Industries Ltd. In addition, rising adoption of smart devices and wireless technology for connectivity is anticipated to drive demand for portable speakers over the forecast period.
Asia Pacific is estimated to be one of the fastest-growing regions during the forecast period owing to increasing disposable income levels among consumers coupled with growing penetration by international manufacturers such as JBL Corporation; Sony Corporation; Philips Lighting Europe BV; and Bang & Olufsen A/S in emerging economies including China, India, Japan, South Korea, Singaporean New Zealand). Furthermore rising popularity for outdoor activities along with expanding population base will also support regional growth.
Growth Factors:
- Increasing demand for portable and wireless speakers
- Rising popularity of Bluetooth-enabled devices
- Proliferation of digital audio content
- Growing trend of home automation and smart homes
- Advances in speaker technology
Scope Of The Report
Report Attributes
Report Details
Report Title
PA Speakers Market Research Report
By Type
Wireless, Wired
By Application
Consumer, Pro Audio
By Companies
Sennheiser, Yamaha, Audio-Tehcnica, Shure, AKG, Blue, Lewitt Audio, Sony, Takstar, MIPRO, Sennheiser, TOA, Wisycom, Beyerdynamic, Lectrosonic, Line6, Audix, DPA, Rode, Shoeps, Electro Voice, Telefunken, Clock Audio, Biamp, Symetrix, QSC, Polycom, Extron, Crestron, BSS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global PA Speakers Market Report Segments:
The global PA Speakers market is segmented on the basis of:
Types
Wireless, Wired
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer, Pro Audio
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sennheiser
- Yamaha
- Audio-Tehcnica
- Shure
- AKG
- Blue
- Lewitt Audio
- Sony
- Takstar
- MIPRO
- Sennheiser
- TOA
- Wisycom
- Beyerdynamic
- Lectrosonic
- Line6
- Audix
- DPA
- Rode
- Shoeps
- Electro Voice
- Telefunken
- Clock Audio
- Biamp
- Symetrix
- QSC
- Polycom
- Extron
- Crestron
- BSS
Highlights of The PA Speakers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wireless
- Wired
- By Application:
- Consumer
- Pro Audio
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the PA Speakers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
PA speakers are a type of loudspeaker that use piezoelectricity to create sound. They are often used in public address systems, such as at airports and stadiums.
Some of the major companies in the pa speakers market are Sennheiser, Yamaha, Audio-Tehcnica, Shure, AKG, Blue, Lewitt Audio, Sony, Takstar, MIPRO, Sennheiser, TOA, Wisycom, Beyerdynamic, Lectrosonic, Line6, Audix, DPA, Rode, Shoeps, Electro Voice, Telefunken, Clock Audio, Biamp, Symetrix, QSC, Polycom, Extron, Crestron, BSS.
The pa speakers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PA Speakers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 PA Speakers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PA Speakers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the PA Speakers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global PA Speakers Market Size & Forecast, 2018-2028
4.5.1 PA Speakers Market Size and Y-o-Y Growth
4.5.2 PA Speakers Market Absolute $ Opportunity
Chapter 5 Global PA Speakers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 PA Speakers Market Size Forecast by Type
5.2.1 Wireless
5.2.2 Wired
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PA Speakers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 PA Speakers Market Size Forecast by Applications
6.2.1 Consumer
6.2.2 Pro Audio
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PA Speakers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 PA Speakers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America PA Speakers Analysis and Forecast
9.1 Introduction
9.2 North America PA Speakers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America PA Speakers Market Size Forecast by Type
9.6.1 Wireless
9.6.2 Wired
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America PA Speakers Market Size Forecast by Applications
9.10.1 Consumer
9.10.2 Pro Audio
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe PA Speakers Analysis and Forecast
10.1 Introduction
10.2 Europe PA Speakers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe PA Speakers Market Size Forecast by Type
10.6.1 Wireless
10.6.2 Wired
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe PA Speakers Market Size Forecast by Applications
10.10.1 Consumer
10.10.2 Pro Audio
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific PA Speakers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PA Speakers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific PA Speakers Market Size Forecast by Type
11.6.1 Wireless
11.6.2 Wired
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific PA Speakers Market Size Forecast by Applications
11.10.1 Consumer
11.10.2 Pro Audio
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America PA Speakers Analysis and Forecast
12.1 Introduction
12.2 Latin America PA Speakers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America PA Speakers Market Size Forecast by Type
12.6.1 Wireless
12.6.2 Wired
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America PA Speakers Market Size Forecast by Applications
12.10.1 Consumer
12.10.2 Pro Audio
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) PA Speakers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PA Speakers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) PA Speakers Market Size Forecast by Type
13.6.1 Wireless
13.6.2 Wired
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) PA Speakers Market Size Forecast by Applications
13.10.1 Consumer
13.10.2 Pro Audio
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 PA Speakers Market: Competitive Dashboard
14.2 Global PA Speakers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sennheiser
14.3.2 Yamaha
14.3.3 Audio-Tehcnica
14.3.4 Shure
14.3.5 AKG
14.3.6 Blue
14.3.7 Lewitt Audio
14.3.8 Sony
14.3.9 Takstar
14.3.10 MIPRO
14.3.11 Sennheiser
14.3.12 TOA
14.3.13 Wisycom
14.3.14 Beyerdynamic
14.3.15 Lectrosonic
14.3.16 Line6
14.3.17 Audix
14.3.18 DPA
14.3.19 Rode
14.3.20 Shoeps
14.3.21 Electro Voice
14.3.22 Telefunken
14.3.23 Clock Audio
14.3.24 Biamp
14.3.25 Symetrix
14.3.26 QSC
14.3.27 Polycom
14.3.28 Extron
14.3.29 Crestron
14.3.30 BSS
